The Fair Share Report

75 Ave B

Lodi, NJ 07644

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $751,546

Likely range $626,877 – $866,368, from 12 comparable Lodi sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

51.93%

The state's official measure of how far Lodi assessments sit below market value — republished every October, applied town-wide. A $751,546 home should be assessed near $390,278.

Step 3 · Assessed value

$305,300

Set at the last town-wide revaluation and mostly frozen since. That's $84,978 below what the ratio math suggests (21.8%).

Step 4 · The tax rate — same for every Lodi home

$3.540 per $100 assessed

$1.962 Schools · 55% $0.409 County · 12% $1.169 Town · 33%

Step 5 · The bill

$10,808/yr
Public schools$5,990
Bergen County$1,249
Town of Lodi$3,569
Lodi average$11,433

This home vs. every recent Lodi sale · assessed ÷ market

Town median 46.0%
This home · 40.6%

30%65%

Paying about right

This home's ratio lands inside Lodi's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
470 FARNHAM AVE2026-06$850,0001,62237.8%
102 CHARLTON AVE2025-04$740,0001,60860.2%
21 CALVIN AVE2025-04$640,0001,60046.8%
536 MAIN ST2025-04$350,0001,63877.5%
27 CENTRAL AVE2025-09$780,0001,61238.8%
65 CHESTNUT ST2025-02$815,0001,70442.9%
98 AVE D2026-01$515,0001,55254.6%
16 AVE F2025-03$773,2001,47937.9%
19 VICTOR ST2026-04$805,0001,45242.0%
149 PATERSON AVE2025-12$915,0001,87248.2%
163 GROVE ST2026-04$640,0001,46050.3%
42 RIVERVIEW AVE2025-02$650,0001,46544.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →